Is Kirkwood, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Kirkwood has remained a Seller's Market.
Key Takeaway
Kirkwood is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Kirkwood, MO
How much do homes in Kirkwood, MO cost?
Median Sold Price
$370,666
$221/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Kirkwood have sold for 1% less than they did a year ago.
Summary: The median home sold price in Kirkwood was $370,666 in April 2024, down 1% from last year, and the median price per square foot was $221.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $146K | $160K | +9.6% |
| 2 Bedrooms | $240K | $231K | -3.8% |
| 3 Bedrooms | $370K | $392K | +5.9% |
| 4 Bedrooms | $655K | $615K | -6.1% |
| 5+ Bedrooms | $890.9K | $930.7K | +4.5% |
Summary: Kirkwood housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.6%, 2 bedroom homes decreased by 3.8%, 3 bedroom homes increased by 5.9%, 4 bedroom homes decreased by 6.1%, and 5+ bedroom homes increased by 4.5%.
Median Sold Price Compared To Nearby Cities
| Glendale | $450K | $555K | +23.3% |
| Des Peres | $623.9K | $652.5K | +4.6% |
| Kirkwood | $374.2K | $370.6K | -1.0% |
| Bonhomme Township | $385K | $374.2K | -2.8% |
Housing Supply in Kirkwood, MO
How many homes are available in Kirkwood, MO?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 115 | 136 | +18.3% |
Summary: The Kirkwood real estate market had 136 homes for sale in April 2024, a 18.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 1 | -75.0% |
| 2 Bedrooms | 39 | 37 | -5.1% |
| 3 Bedrooms | 24 | 39 | +62.5% |
| 4 Bedrooms | 27 | 35 | +29.6% |
| 5+ Bedrooms | 21 | 24 | +14.3% |
Summary: The Kirkwood housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 75%, 2 bedroom homes decreased by 5.1%, 3 bedroom homes increased by 62.5%, 4 bedroom homes increased by 29.6%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 44 | 33 | -25.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
20 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Kirkwood, you could pay more than the asking price. 60.6% of homes here sold above asking price last month.
Summary: A total of 33 homes were sold or pending in Kirkwood in April 2024, down by 25.0% month-over-month. Of the 33 sold homes, 24% were sold under asking, 15% were sold at asking, and 61% were sold over asking.
Days on Market for Kirkwood, MO
How long does it take to sell a home in Kirkwood, MO?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 43 Days | 12 Days | -70.7% |
Summary: Homes in Kirkwood had an average of 12 days on market in Apr 2024, down by 70.7% compared to last year.
Breakdown of Home Sale Times
30 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Kirkwood are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 33 homes were sold in Kirkwood; 91% of homes were sold within 30 days, 3% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.